capital one data breach News

Capital One Will Pay $80 Million Fine for Data Breach During Cloud Transfer

Capital One Financial Corp will pay an $80 million penalty to a U.S. bank regulator after the bank suffered a massive data breach one year ago. The fine, announced Thursday by the Office of the Comptroller of the Currency, punishes …

Prosecutors Allege Capital One Suspect Hacked 30 Other Companies

The Seattle woman accused of hacking into Capital One Financial Corp.’s cloud and stealing personal information on more than 100 million Americans also broke into servers of more than 30 other companies, the U.S. said in a request to keep …

It’s Not Easy to Pin Identity Theft on a Specific Data Breach

Equifax 2017. Marriott 2018. Capital One 2019. Data breaches through hacking attacks are distressingly common these days, and personal details about you can lead to identity theft, such as credit cards and loans in your name. But it’s hard to …

U.S. Regulators Inspected Amazon Cloud Unit When Capital One Breach Was Underway

Federal banking regulators had inspected Amazon.com Inc.’s Virginia facility earlier in April, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The visit by Federal Reserve examiners was made around the same time as, prosecutors alleged, …

Capital One Breach Clouds Technology Strategy; Puts $400M Cyber Insurance in Play

Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The cloud is faster. And the cloud is far more secure. Then a hacker got into the cloud, siphoning off sensitive …

Capital One Investors Wary of Reputational Impact of Data Breach

Capital One Financial Corp.’s assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank’s shares closing down 5.9%. Capital One said the prior day that 106 …